APOL December $30 Calls: New Aggressive Trade

Apollo Education Group (APOL) has been under accumulation over the last month, rising 11% in that time. It showed especially notable strength in yesterday’s otherwise sloppy trading, powering over 2% higher and breaking to highs not seen since July.  The strength came on above average volume, so the trend looks well established and likely to continue. Buy to open APOL December $30 calls (exp. 12/20) at $2.37 or below.